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Property profile & analytics
OFF-MARKET
Estimated value
$13,745,000
Assisted living facilities
2100 36th NW Ave Norman, OK 73072-3500
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US69-0916298
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
2013
Construction
WOOD FRAME
Total area
116,706 SF
Lot
7.2 ac (313,632 SF)
APN
NC29BRHMS 1 1001
UPID
US69-0916298
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Silver Elm Estates Independent Living in Norman Retirement Community
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$13.75M
Owner & transaction history
Bg Equity Enterprises LLC · 4 yrs held
Bg Equity Enterprises LLC
since 2022
Last sale
$15.6M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$18.8M
+335.2%
Commercial (general)
$15.3M
+253.6%
Office building
$13.2M
+206.3%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Norman submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Norman submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$13,745,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$18,815,000
Change: +335% · Conversion: Difficult
COMMERCIAL (GENERAL)
$15,285,000
Change: +254% · Conversion: Difficult
OFFICE BUILDING
$13,240,000
Change: +206% · Conversion: Difficult
RESTAURANT
$11,185,000
Change: +159% · Conversion: Difficult
MEDICAL BUILDING
$10,805,000
Change: +150% · Conversion: Difficult
AUTO REPAIR, GARAGE
$9,845,000
Change: +128% · Conversion: Difficult
Blend value · Realmo final
$13.75M
Range $12.37M – $15.12M · ±10% · vs last sale $15.60M (May 20 2022)
Last sale anchor
$15.60M
May 20 2022
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$118 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$224,842
Tax year 2023
Assessed value
$1,872,431
Assessed 2023
Previous assessed
$1,106,720
+69.2% YoY
Effective rate
12.01%
On assessed value
Assessed land
$206,997
Assessed improvement
$1,665,434
Land market value
$1,724,976
Improvement market value
$13,878,618
Total market value
$15,603,594
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
2013
Construction
WOOD FRAME
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
1
Units
1
Total area
116,706 SF
Lot
7.2 ac (313,632 SF)
APN
NC29BRHMS 1 1001
UPID
US69-0916298
Jurisdiction
CLEVELAND
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES
Est. value
$18.8M
COMMERCIAL (GENERAL)
Est. value
$15.3M
OFFICE BUILDING
Est. value
$13.2M
RESTAURANT
Est. value
$11.2M
MEDICAL BUILDING
Est. value
$10.8M
AUTO REPAIR, GARAGE
Est. value
$9.8M
RETAIL STORES
COMMERCIAL (GENERAL)
OFFICE BUILDING
RESTAURANT
MEDICAL BUILDING
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2013
Construction
WOOD FRAME
Heating
PACKAGE
Cooling
Yes
Stories
1
Units
1
Lot
7.2 ac
Current owner
From public records · entity-resolved
Bg Equity Enterprises LLC
Entity
Mailing address
4221 N BUFFALO RD, ORCHARD PARK, NY 14127-2421
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 20, 2022
$15,600,000
Bg Equity Enterprises LLC
Mccasland Brookhaven Holdings LLC
Special Warranty Deed
$539,750 · First National Bank & Trust Co
Aug 5, 2015
$3,169,500
Leon Mccasland Ho Elton
Davis,kim T & Nancy S
Grant Deed
—
Aug 5, 2015
$232,000
Wallace,mccasland Trust
Davis,kim T & Nancy S
Grant Deed
—
Aug 5, 2015
$418,000
Kim T Davis
Schmidt,mark E
Grant Deed
—
Aug 5, 2015
—
Mccasland Brookhaven Holdings
Mccasland,elliott L & Veronica L
Quit Claim Deed
related
—
Oct 1, 2013
—
Norman Mansions LLC
Brookhaven Mansions LLC
Grant Deed
related
$8,500,000 · Pnc Bank
Dec 21, 2011
$862,500
Brookhaven Mansions LLC
Cies LLC
Grant Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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